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BREAKING: Detroit goes to arbitrage with key player


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Will Bloggs
July 6, 2024  (10:04 PM)
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Detroit Red Wings center Joe Veleno was among 14 NHL players who filed for arbitration before Friday's 5 p.m. deadline.
Photo credit: NHL

Detroit Red Wings center Joe Veleno was among 14 NHL players who filed for arbitration before Friday's 5 p.m. deadline. The list includes Carolina's Marty Necas, New York Rangers Ryan Lindgren, goalie Ukko-Pekka Luukkonen, and Columbus forward Kirill Marchenko.

Players often agree to a contract before the hearing, with only three of 22 cases proceeding last year. Arbitration hearings can strain relationships, as teams must highlight players' flaws to justify lower pay.
Veleno, who earned $825,000 last season and scored 12 goals, is likely asking for over $2 million. Comparables place him between $1.9 million and $2.2 million.
GM Steve Yzerman aims to manage the Veleno deal carefully, given he has just over $20 million in cap space to finalize contracts for Veleno, Jonatan Berggren, Moritz Seider, and Lucas Raymond. The latter two could take roughly $17 million of the cap space.
Berggren opted out of arbitration. He spent most of last season with Grand Rapids and does not have a strong case for a significant raise.
Veleno's argument will emphasize his versatility and speed, which make him useful on any line. After a hearing, an arbitrator rules within 48 hours. If the team rejects the ruling, the player becomes an unrestricted free agent.
Source: YardBarker
Veleno Files for Arbitration to Settle Contract With Red Wings
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BREAKING: Detroit goes to arbitrage with key player

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